Skip to main content

About your Search

Search Results 0 to 6 of about 7 (some duplicates have been removed)
know because the economy its say this, when you lower tax rates, revenue goes up because people are going to spend more money. >>neil: we are beyond that debate because now, i think they will go up but the issue is, how much, and whether republicans will lead. when you heard talks that the president was open to raising the top rate but maybe not as much as clinton, rather than 39.6 percent, 37 percent or 38 percent, what did you make of that? >>guest: the president knows he is not if a position of strength and the front page of the "wall street journal" --. >>neil: why? >>guest: well, winning the election does not mean he has a mandate to do as he pleases. >>neil: could you make the case that the election certified his view that taxes on the rich should be raised? he ran on that. >>guest: republicans were voted back in the house of representatives. >>neil: but, he could argue i got elected --. >>guest: what we have seen, the president is showing flexibility. the front page of the "wall street journal" said president obama is showing flexibility on not following through with his
at a time when they can be trying to expand or trying to take advantage of global growth in the economy. they are sitting on cash. they won't spend on property. businesses usually budget in october. they still president cay budget. they still can't budget. they will push this into some temporary extension which will mean businesses still can't budget. >> that will be a little more insulting. that is not very heroic. what i ask both sides to do now is just bridge the dog mat particular gaps. stop them altogether and get back to the key areas. elections of consequence will have to raise the top rate, so be it. but i am arguing that democrats get off their high horse about not even addressing entitlements. there has to be a give and take here. the american people have to sense the give and take and the american people have to sense that, and there is nothing remotely resembling that right now. >> here is the ironic thing. what if they get a deal? i don't think it is going to be a good deal. we will see a combination of tax hikes and end anding cuts. and spending cuts. both will take it out
of things are really getting better in the economy is food stamp use. food stamps are up to a record level. november showed 46 million people on food stamps. if things are getting better, how does that keep going up? >>guest: exactly. if you remember back during the campaign, obama was going around bragging saying, i saved detroit with the bailout. really? you saved detroit? is that why detroit is coming begging right now for money? it is insane. he is completely out of touch and he doesn't realize what this economy is like right now for every day folks. >>eric: thank you, michelle. >> there is supposed to be teaching for the kids but are they now towing the white house line? twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, ri
economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time give to a shareholder at the end of the years pay less now opposed to more later and when we get to next year we are in an economy that is in a higher tax environment, companies will grow less well if that environment, association whatever cash they have, and they have available to pay out, will be taxed at a high are rate. >>neil: what do you make of the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. highe
increase. we don't think -- we think we can find the revenue and spur the economy without raising the tax rates. >>neil: thank you and congratulations on your new prominent role in the house of representatives. good to have you. coming up on fox news sunday, chris wallace chats with house of representatives speaker boehner and talks with treasury secretary geithner. will the deal happen before the chock runs out on the 31st? chris will get to the bottom of it. the u.n. votes and the palestinians could not be happier. more ahead. hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured revers
and that is a game leapfrog. we end up with more debt and a weaker economy. the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting
Search Results 0 to 6 of about 7 (some duplicates have been removed)